Open Out Cry and Market Profile

Discussion in 'Technical Analysis' started by MJUK, Apr 19, 2009.

  1. MJUK

    MJUK

    I trade CL and am interested in applying market profile. However, CL still bieng an open outcry session does not have intraday volume as far as I know.

    I am not exactly sure how the open outcry session works but are the transactions recorded in time & sales in real time? If so, is there anyway of using T&S to build an accurate profile intraday? Is there a data provider that provides actual volume after the session closes?

    Any help would be appreciated. Thanks.
     

  2. I don't trade CL, but I pulled up CL on my CQG feed and here is what I have found:

    I can pull up a MP chart for CL

    I can pull up a 1 min chart for CL

    When I try to pull up a TradeFlow chart [ CQG's charting of net Bid-Ask, I get a message that the DOM is not collected.
     
  3. MJUK

    MJUK

    Hi,

    Inter-day volume (through esignal atleast) is tick volume which is based on the amount of times the price changes in a period as opposed to actual transactions. The profile graphic will be formed from tick volume data as standard.